California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 7. INDUSTRIAL LOAN COMPANIES |
Chapter 2. Formation and Organization |
ARTICLE 3. Capitalization |
Section 18131.
Latest version.
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In addition to the capital stock required by Section 18130, an industrial loan company which has branch offices or which opens an additional branch office or place of business shall have additional capital stock of fifty thousand dollars ($50,000) for each branch office.
(Repealed and added by Stats. 1983, Ch. 858, Sec. 6.)